GUAM – Guam's largest housing solution to accommodate thousands of temporary workers arriving in the coming years to support a multi-billion dollar expansion of U.S. military facilities is ready to receive its first few hundred tenants.

Editor's Note: This story first broke over the weekend in the Guam Buildup News e-newsletter and is made available now at the web site.

GUAM – Even as the market for residential real estate turned soft in the second quarter this year and has remained so going into the third quarter, Guam's overall market continues to recover and investors remain focused on the medium and long term, experts say.

GUAM – The military buildup helped drag Guam's real estate market out of a decade-long slump and start a long-term growth trend, although the size, shape and speed of the growth are as hard to predict as the form of the buildup itself, according to Nicholas Captain, president of Captain, Hutapea & Associates real estate brokerage.

GUAM – Contractors who aim to win work on the Guam military buildup in coming years may benefit by setting up a presence on the island soon, before competitors scour the island for high-profile office space, executive housing, warehouses and other properties, according to The Real Estate Professionals.

GUAM – Increasing investment, rising costs of land and materials and an influx of buyers and renters in coming years will raise standards of home construction on Guam, boosting prices and making some older homes obsolete, according to The Real Estate Professionals.

GUAM – The Guam Land Use Commission approved local attorney Cesar Cabot's application to build workforce housing that would accommodate 2,016 workers in Dededo.